Asset-Backed Finance Associate

EverBank•New York, NY

12h

About The Position

The Asset-Backed Finance Associate will play a key role in supporting the origination, structuring, underwriting, and execution of secured lending transactions across a range of asset classes and client types - including financial sponsors, asset managers, and specialty finance companies.

Requirements

3+ years of experience at a financial institution in loan underwriting or portfolio management, preferably within Asset Backed Finance, or other Structured Finance sectors
Demonstrated expertise in structured credit underwriting and execution of new business transactions
Proven ability to prioritize work effectively, drive execution of junior level deliverables, meet deadlines, and achieve goals in a fast-paced, dynamic environment
Excellent verbal, written, and interpersonal communication skills, including the ability to clearly explain complex concepts
Ability and willingness to travel up to 15% of the time

Nice To Haves

University (Degree) Preferred
3+ Years Required; 5+ Years Preferred

Responsibilities

Assist in the structuring, execution and ongoing monitoring of a wide variety of secured financing transactions.
Prepare transaction materials including term sheets, credit memos, and client presentations.
Coordinate due diligence efforts and internal deal approval processes in line with bank policies and regulatory requirements.
Conduct details credit and collateral analysis for proposed transactions across asset types.
Build and maintain financial and cash flow models to assess transaction structure, advance rates, coverage metrics, and risk-return profiles.
Contribute to internal risk reviews and credit committee discussions.
Partner with internal teams to ensure seamless execution and risk oversight.
Support ongoing portfolio monitoring, reporting, and covenant compliance for existing facilities.
Ensure adherence to the bank's credit and regulatory standards throughout the deal lifecycle.
Collaborate with deal team members to assist in structuring, underwriting, documenting, and closing loans.
Spread, review, and prepare written analyses of financial statements for borrowers, managers, and guarantors. Develop cash flow and break-even models; evaluate underlying collateral values; review personal and business credit reports; and assess other relevant factors to support timely and accurate credit decisions.
Review and interpret credit agreements and other legal documents.
Leverage third-party data sources and underwriting tools to efficiently evaluate and underwrite loan requests.
Serve as a primary point of contact for clients and internal partners by providing loan status updates, asking follow-up diligence questions, and requesting required documentation to complete underwriting.
Assists Senior Bankers in developing and maintaining prospect and customer databases to generate direct and indirect leads.
Review the authenticity of documents and perform KYC checks and due diligence on all loan parties prior to approval. Stay informed on industry trends, market conditions, and regulatory changes impacting Asset Backed Finance transactions.